NOT LISTED FOR SALE

200 Bradley Place Unit 401 Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $3,810,000 - $4,477,000

2 Beds
2.5 Baths
2,335 Sq Ft
$3,868/mo HOA Fee

Last Sold April 07, 2021

Last sale price $2,600,000 $1,113 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $30,618/month

76 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Community Pool
  • Ceramic Tile Flooring
  • Palm Beach Public School Rated A-
  • Tennis Courts
  • Central Heating and Cooling System

About This Home

As of April 2021

L'Ermitage is one of the premier waterfront buildings in Palm Beach with a most desirable location. Only 28 units in this lovely boutique building with on-site management, doormen & maintenance staff and all situated on a large campus with tennis, two large pools, a beautiful ballroom with catering kitchen, gym and two garage parking spots. Unit 401 is a 2Br/2.5Ba apartment from a 3Br space, making an extra large master bedroom with many extra closets. The apartment has phenomenal light and brightness from its 4th floor location with its three exposures. The main terrace has a lovely view of the ICW and downtown WPB. The unit is ready for your ''re-imagination''.

Last Agent to Sell the Property

Lynn Warren

Sotheby's Intl. Realty, Inc. License #497454 Listed on: 12/21/2020

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Fern Fodiman

Sotheby's Intl. Realty, Inc. License #3229026

Sotheby's Intl. Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,553

Year Built

  • Built in 1985

Lot Details

  • 3.72

HOA Fees

  • $3,868 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,335 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Property fronts an intracoastal waterway
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434315330014010

Community Details

Overview

  • L'ermitage Palm Beach Con Subdivision
  • 5-Story Property

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,553

Year Built

Built in 1985

Lot Details

0

HOA Fees

$3,868 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Royal Poinciana Way North to Bradley Place and turn left
  • Year Built: 1985
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 2335.0
  • Stories: 5

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3868.0
  • Community Features: Non-Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 50434315330014010
  • Zoning Description: R-D(1)

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13553.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2020
Closed on
Apr 7, 2021
Sold by
Zahn Steven and Oreck Sandra Zahn
Bought by
Davis Gary and Davis Mona
Seller's Agent
Lynn Warren
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Fern Fodiman
Sotheby's Intl. Realty, Inc.
List Price
$2,995,000
Sold Price
$2,600,000
Premium/Discount to List
-$395,000
-13.19%
Total Days on Market
76
Current Estimated Value
$4,144,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,544,224
Avg. Annual Appreciation
11.89%
Original Mortgage
$1,200,000
Outstanding Balance
$1,099,746
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$3,044,478
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davis Gary $2,416,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Gary $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $2,600,000 -13.2% $1,113 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
12/21/2020 12/21/20 For Sale $2,995,000 -- $1,283 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $41,838 $2,822,200 -- --
2023 $40,966 $2,740,000 $0 $2,740,000
2022 $36,056 $2,300,000 $0 $0
2021 $35,332 $2,150,000 $0 $2,150,000
2020 $13,553 $834,793 $0 $0
2019 $13,518 $816,024 $0 $0
2018 $12,840 $800,809 $0 $0
2017 $12,833 $784,338 $0 $0
2016 $12,618 $768,206 $0 $0
2015 $13,047 $762,866 $0 $0
2014 $13,107 $756,812 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10679762

BeachesMLS

APN: 50-43-43-15-33-001-4010